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Chongqing Qin'an M&ESHSE:603758 -3.71%69 Return-on-Tangible-Asset is 3.34% as of Jun. 2026, which is 45% below its 10-year median of 6.11. GuruFocus rates SHSE:603758 with a GF Score™ of 69/100 and a GF Value™ of ¥9.81 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,336 Vehicles & Parts companies, Chongqing Qin'an M&E ranks better than 55.99% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Chongqing Qin'an M&E's annualizedNet Income for the quarter that ended in Jun. 2026 was ¥99 Mil. Chongqing Qin'an M&E's average total tangible assets for the quarter that ended in Jun. 2026 was ¥2,981 Mil. Therefore, Chongqing Qin'an M&E's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 3.34%.
The historical rank and industry rank for Chongqing Qin'an M&E's Return-on-Tangible-Asset or its related term are showing as below:
SHSE:603758'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.5 Med: 6.11 Max: 11.87
Current: 4.1
During the past 13 years, Chongqing Qin'an M&E's highest Return-on-Tangible-Asset was 11.87%. The lowest was -2.50%. And the median was 6.11%.
SHSE:603758's Return-on-Tangible-Asset is ranked better than 55.99% of 1336
companies
in the Vehicles & Parts industry
Industry Median: 3.4
vs SHSE:603758: 4.10
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Chongqing Qin'an M&E Return-on-Tangible-Asset Related Terms
Chongqing Qin'an M&E Return-on-Tangible-Asset Historical Data
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The historical data trend for Chongqing Qin'an M&E's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SHSE:603758 vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Chongqing Qin'an M&E's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Chongqing Qin'an M&E Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Chongqing Qin'an M&E's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chongqing Qin'an M&E's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.34% mean?
Chongqing Qin'an M&E (SHSE:603758) has a Return-on-Tangible-Asset of 3.34% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Chongqing Qin'an M&E and its competitors. This is 45% below median its historical median of 6.11. According to the industry distribution chart, Chongqing Qin'an M&E ranks #588 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 44%.
Is Chongqing Qin'an M&E's Return-on-Tangible-Asset too high?
Chongqing Qin'an M&E's current Return-on-Tangible-Asset of 3.34% is 45% below median its 10-year median of 6.11. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.40. Chongqing Qin'an M&E's value of 3.34% is 1.8% below this industry median. Based on the distribution chart, Chongqing Qin'an M&E ranks #588 out of 1336 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Chongqing Qin'an M&E has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Qin'an M&E's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Chongqing Qin'an M&E ranks #588 out of 1336 companies for Return-on-Tangible-Asset. This puts Chongqing Qin'an M&E in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.40. Chongqing Qin'an M&E's value of 3.34% is 1.8% below this benchmark. While the company's 10-year median is 6.11 vs. the industry median of 3.40, Chongqing Qin'an M&E has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.40, based on 1,336 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chongqing Qin'an M&E's current Return-on-Tangible-Asset of 3.34% is 1.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Chongqing Qin'an M&E and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Qin'an M&E's current Return-on-Tangible-Asset is 3.34%, which is 45% below median its own 10-year median of 6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Qin'an M&E stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Qin'an M&E (SHSE:603758) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.81, compared to a current price of ¥12.21 — trading 24.5% above its estimated fair value. The current Return-on-Tangible-Asset is 3.34%, which is 45% below median its 10-year median of 6.11 and 1.8% below the Vehicles & Parts industry median of 3.40. Chongqing Qin'an M&E's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Chongqing Qin'an M&E (SHSE:603758), the current Return-on-Tangible-Asset is 3.34% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Chongqing Qin'an M&E (SHSE:603758) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Qin'an M&E stock appears to be overvalued.
The current stock price of ¥12.21 is trading 24.5% above its estimated GF Value™ of ¥9.81.
GuruFocus considers Chongqing Qin'an M&E to be Modestly Overvalued.
Key valuation signals for SHSE:603758:
Return-on-Tangible-Asset: 3.34% (45% below median its 10-year median of 6.11)
GF Value™: ¥9.81 vs. price of ¥12.21 (24.5% above fair value)
Industry Position: 1.8% below the Vehicles & Parts median (#588 of 1336)
No single metric tells the full story. See the SHSE:603758 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Qin'an M&E PLC is a Chinese supplier of automotive powertrain engine key parts and transmission complicated parts. It is an integrated auto parts for casting and machining manufacturer company. The company's products range from cylinder head, cylinder block (Aluminum and Iron), crankshaft to transmission case and convert housing.
69GF Score
Get the complete analysis for SHSE:603758
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